Cyprus Deal Takes 40% of Depositor Cash

    On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the the deal struck in Cyprus, how it’s similar to Obama’s GM takeover and Larry Kudlow’s change of heart on Ben Bernanke.

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    Cyprus to raid private bank deposits, on orders from European Union.

    Basically, it goes like this: the EU bails out Cypriot banks to the tune of 10 billion euros, in partial exchange for a 6.75% to 9.9% raid on Cypriot personal accounts (which is supposed to net about 5.8 billion euros in revenue), collectable probably now Tuesday*. See also here, here, and here. Naturally, the subjects of Cyprus (I can’t in either good conscience or grammar | Read More »

    The Tears of a Clown Named Beppe Grillo

    You want to hear something funny? The most powerful guy in Italy right now is a former stand-up artist named Beppe Grillo. He went from being a joke for a living to leading a political movement that won 25% of the vote in Italy’s Parliamentary Elections. The temptation here is to write the whole thing off as an attention-grabbing stunt.

    Yawn! Grillo dubbed his 5-Star Movement a “non-party.” I’m amazed a smart guy like Ross Perot forgot to copyright that. Many of the people he won over were outsiders who were registering a protest vote against the status quo. Grillo got them out to the polls, and observers had the following reaction.

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    Is Wall Street De-Friending Facebook?

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Francis Cianfrocca to discuss Facebook’s first quarter as a public company, second quarter GDP, and Super Mario’s pledge to save the Euro. We’re brought to you as always by Stephen Clouse and Associates. If you’d like to email us, you can do so at bjackson[at]coffeeandmarkets.com. We | Read More »

    With Spain on the Brink, Euro Troubles Continue

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the greek election, continued trouble in Spain and how Europe can save itself from financial crisis. We’re brought to you as always by Stephen Clouse and Associates. If you’d like to email us, you can do so at bjackson[at]coffeeandmarkets.com. | Read More »

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    Is This the Beginning of the End for the Euro?

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Germany’s failed bond auction, calls for a more politically unified Europe, and the potential end of the Euro. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can | Read More »

    Are We Witnessing the Death of America’s Middle Class?

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the plan for a plan to save the Euro Zone, the possibility that high unemployment is here to stay, and the impending death of America’s middle class. We’re brought to you as always by BigGovernment and Stephen Clouse and | Read More »

    With Europe on the Brink, Is the End of the Euro Near?

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss Nobel-winning economist Robert Lucas, the continued financial mess in Europe and the potential end of the Euro, plus it’s launch day for Boeing’s 787. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d | Read More »

    Debt Crises Abroad and at Home

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the worsening debt crisis in Greece, it’s spread to Italy, and the latest on the debt negotiations here in the U.S. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email | Read More »

    The Fed’s Spin on Inflation and the Fall of the Dollar

    Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the reality of inflation vs the Fed rate, the latest unemployment numbers and the fall of the dollar. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can | Read More »